Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Timothy Darras from Harelbeke, company number BE0654807705, closed financial year 2025 with a result of € 94,154 after tax. For that financial year Timothy Darras recorded a gross margin of € 142,653 and equity of € 542,592. Compared with financial year 2024, the result moved from € 241,301 to € 94,154. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 542,592
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94,154
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 22,795
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 120,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 41,182
▲ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 73,778
▲ 23% vs 2024
€ 8,319 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 4,505
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 171,832 | € 120,774 | € 285,870 | € 142,653 | ▼ 50% |
| Profit after taxes | € 120,444 | € 79,258 | € 241,301 | € 94,154 | ▼ 61% |
| Equity | € 302,880 | € 357,138 | € 568,438 | € 542,592 | ▼ 5% |
| Total debts | € 120,847 | € 522,542 | € 96,259 | € 131,867 | ▲ 37% |
| Cash | € 89,267 | € 19,018 | € 23,824 | € 22,795 | ▼ 4% |
| Land & buildings | - | € 247,344 | € 324,033 | € 349,733 | ▲ 8% |
| Retained profit | € 284,280 | € 338,538 | € 549,838 | € 523,992 | ▼ 5% |
| Dividend | € 50,000 | € 25,000 | € 30,000 | € 120,000 | ▲ 300% |
| Bank debt | € 75,075 | € 277,631 | € 60,120 | € 73,778 | ▲ 23% |
| Balance sheet total | € 423,727 | € 879,680 | € 664,697 | € 674,458 | ▲ 1% |
Key figures of Timothy Darras, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Timothy Darras?
What happened at Timothy Darras in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 94,154 (▼ 61% vs 2024). Source: NBB ↗
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 120,444 profit in 2022 to € 94,154 profit in 2025.
Paid € 133,071 in corporate taxes since 2022.
Best year ever: 2024, with € 241,301 profit.
Paid out € 225,000 in dividends to the owners in total.
Management
Behind Timothy Darras is Timothy Darras.
Directors
According to the 2025 annual accounts
Timothy Darras
Director
Establishments
Establishment units
Physical locations of this company
Gulden-Sporenstraat 106 B
8530 Harelbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0654.807.705
- VAT number
- BE 0654.807.705
- Registered office
- Gulden-Sporenstraat 106 B, 8530 Harelbeke
- Names & denominations
- Timothy Darras
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2016
- Peppol
- Active · Active since 31 Oct 2025
- Activities · NACE
Overige financiële dienstverlening, neg